S.L. 123.98 Art. 3Scope. Cap. 406.

These rules shall apply to any person who:

(a) carries on a trade, business, profession or vocation and is registered under the Value Added Tax Act where the economic activity in which he is engaged is an activity in respect of which he is required to be so registered; and

(b) incurs expenditure in purchasing, installing, modifying st or enhancing any equipment between the 1 January, st 2006 and the 31 December, 2007 to enable the proper discharge of the business in euro currency as from the date when the euro becomes legal tender.